EnergyWatch

BP drastically cuts oil exploration

The number of employees working to find new oil with British giant BP has diminished noticeably.

Photo: Toby Melville/Reuters/Ritzau Scanpix

A few years ago, they were more than 700. Now, there are under 100 geologists, engineers and researchers employed in the division for oil and gas exploration at BP, writes news agency Reuters.

The department – which has in many ways laid the foundation for the supermajor's success through the years – has been reduced because BP needs to make room for its aspirations to transform into a zero-emission outfit.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Nel books another operating deficit

Despite achieving a positive bottom-line figure in this year’s first quarter, Nel Hydrogen books yet another substantial operating deficit in the second quarter, albeit improving the result against the same period last year.

Further reading

Related articles

Latest News

See all jobs